The participants learned about the future of artificial intelligence, the role of emerging technologies, differences between deep and shallow learning and their application techniques, and the opportunities of using advanced analytics to create high-value outcomes.

“We have entered a new era of analytics with machine learning and artificial intelligence algorithms beginning to deliver on the long-promised advancement into self-learning systems,” Brobst told the audience. “These approaches allow us to solve previously intractable problems with completely new attack plans. The appetite of deep learning algorithms for vast amounts of data and the ability to derive intelligence from diverse sets of noisy data allows us to go far beyond previous capabilities in what we used to call advanced analytics,” he added.

Brobst informed that in order be successful with the use of new technologies we need to fully understand their capabilities and limitations. He also stressed the need to develop new skill sets in order to harness the power of deep learning to create business value in an enterprise.

“In our times of Siri, Alexa, and Google, Machine Learning & Artificial Intelligence are not a part of science fiction anymore; they are our reality,” remarked Irfan Wahab Khan.

“For tech companies like Telenor and Terada, the real charm of AI and ML technologies is their ability to recognize patterns and synthesize large amounts of data. Telenor is not only harnessing the strength of AI and Advance Analytics for its own commercial use but is also enabling other organizations to benefit from the technology by offering incisive Market Research insights and ability to run targeted campaigns on its diverse Advertising assets. The fact that these technologies get smarter with time as increased amounts of data is fed to them makes them a cornerstone for all future technologies,” he added.

Impressive progress is being made in ML & AI technologies globally. From self-driving and learning cars to flying drones circling the skies, the technological advancements of today could already be perceived as something out of a futuristic novel. Gartner, the world’s leading research and advisory company, also predicts that by 2020, AI will become one of the top five investment priorities for at least 30 percent of Chief Information Officers. Being the country’s technology leader, Telenor Pakistan is keeping its people abreast of the latest technological developments to realize its ambition of digitally empowering Pakistan.